MIDLAND, MI -- Dow Chemical reported first-quarter revenues at its Electronic and Specialty Materials unit rose 14% to $1.3 billion.
Volume growth was up 11% during the quarter, with increases across all business units. In Asia Pacific, Electronic Materials reported volume growth across all business units, resulting from strong global demand for consumer electronics and high foundry utilization rates. The business recorded several customer wins in the period, including photoresist for memory production, films for consumer electronics and electroplating materials for cellphones.
Overall, the materials conglomerate’s sales rose 20% in the quarter to $14.7 billion.